Whose tax plan will save you more money? (user search)
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  Whose tax plan will save you more money? (search mode)
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Question: Whose tax plan will save you more money?
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Total Voters: 34

Author Topic: Whose tax plan will save you more money?  (Read 9591 times)
Bono
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Posts: 11,703
United Kingdom


« on: August 24, 2008, 03:40:20 PM »

When you rely on the lower and middle class to pay the brunt of hte taxes, like the current system, those said classes get angry and bitter and start pushing for lower taxes at all costs.  If the tax system is fair, people feel a lot better about it.

This is nothing but a myth. The wealthy already pay most of tax revenue, and they always have.
In the fiscal year 2006, the latest data is available from, the top 1%, aka those making more than $388,806 paid 39.89% of all income tax revenue. The top 10%, those making above $108,904, paid 70.79%. The top 50% paid almost all income tax revenue, at 97.01%. Any suggestion that the 'lower and middle classes' pay the brunt of taxes is delusion at best, and deception at worst.
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